News Corp B (NWS)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 2,403,000 | 1,960,000 | 1,833,000 | 1,822,000 | 2,236,000 |
| Short-term investments | US$ in thousands | — | 15,000 | 22,000 | 61,000 | — |
| Receivables | US$ in thousands | 1,591,000 | 1,503,000 | 1,425,000 | 1,502,000 | 1,498,000 |
| Total current liabilities | US$ in thousands | 2,608,000 | 3,055,000 | 3,165,000 | 3,519,000 | 3,234,000 |
| Quick ratio | 1.53 | 1.14 | 1.04 | 0.96 | 1.15 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,403,000K
+ $—K
+ $1,591,000K)
÷ $2,608,000K
= 1.53
The quick ratio of News Corp B has demonstrated fluctuations over the observed period from June 30, 2021, through June 30, 2025. As of June 30, 2021, the quick ratio stood at 1.15, indicating that the company's liquid assets were slightly more than sufficient to cover its current liabilities. This suggests a relatively comfortable short-term liquidity position at that time.
By June 30, 2022, the quick ratio declined to 0.96, falling below the 1.0 threshold. This decline indicates a weakening in liquidity, suggesting that the company's liquid assets were just shy of covering its current liabilities, potentially signaling a reduced buffer for immediate obligations.
Subsequently, the ratio showed an improvement to 1.04 as of June 30, 2023, marginally exceeding the critical threshold of 1.0. This indicates a recovery in liquidity position, with liquid assets once again sufficing to meet current liabilities, reversing the earlier weakening.
A further increase to 1.14 as of June 30, 2024, reflects continued strengthening of the company's liquidity position, providing a more comfortable margin for meeting short-term obligations.
Most notably, by June 30, 2025, the quick ratio rises significantly to 1.53. This substantial improvement suggests a robust liquidity position, with liquid assets well exceeding current liabilities, enhancing the company’s capacity to swiftly cover its immediate financial obligations.
Overall, the trend indicates initial volatility with a dip below 1.0, followed by a consistent recovery and strengthening of the company's liquidity position over the analyzed period, culminating in a notably healthy quick ratio by mid-2025.
Peer comparison
Jun 30, 2025